Both ENDS
The planned initial public offering (IPO) of Malayan state-owned enterprise Felda Global Ventures Holdings (FGVH) will take place this month (28th June). It will be underwritten by Deutsche Bank, JP Morgan and Morgan Stanley; with an expected valuation of around 2.5 billion Euro this will be the second biggest IPO ever, trailing Facebook. A significant detail is that FGVH is controlled by the governing part UMNO, led by Prime Minister Mohd Najib Abdul Razak. The upcoming privatisation might be prompted by a need to generate capital for the upcoming elections.
I’m very happy about the judgement of the Indonesian Constitutional Court, which has ruled on May 16 that woodlands of native communities may no longer be indicated as state forests. This means that the Forest Act, which says all woodlands are owned by the state, has to be adjusted. Because of this law, it was easy for large companies to get permission to start large-scale palm oil and acacia plantations on woodlands that often have been managed by local communities for decades.
Thirza and Remi are currently working on the first steps towards a more sustainable future in Uganda after the discovery of oil in 2006. The oil was found on different locations close to Lake Albert. About 6 to 8 million people, mostly fishers and farmers, are dependent on this region to survive and the biodiversity in this region is very rich. For example, 7 of the 10 most important bird species in Uganda brood in this area.
Pak Japin is a quiet, slim, and softly-spoken man from the village of Silat Hulu, West Kalimantan, Indonesia. I met him at a recent documentary screening in Bali on the fringe of the Round Table for Sustainable Palm Oil (RSPO) annual conference, where he spoke about his community's nine year-long conflict with palm oil company Golden Agri Resources Ltd (GAR).
You can't eat gold, copper and gas
"The virus is spreading quicker than the information" – that was the first we heard in the Netherlands about COVID-19 in many African countries and the measures they were taking to tackle it. While states of emergency were announced, borders were closed and we saw image after image of violent police and army responses, many people outside the big cities did not know that what was going on. When the situation became clearer, serious concerns arose about the consequences of the measures that had been taken: the informal economy coming to a standstill, food shortages and internal migration flows.
In 2015, the United Nations instigated the Sustainable Development Goals (SDGs). These seventeen interrelated goals are intended to result, by 2030, in a better, fairer and more sustainable world in which no one is left behind. As a member of the UN, the Netherlands is committed to promote the SDGs and every year Statistics Netherlands (CBS) and the central government publish reports on the progress made. The initiators of 'SDG Spotlight Nederland' however believe that there is a need for an annual report on the Netherlands' performance on specific SDGs from a different perspective. Fiona Dragstra and Stefan Schuller of Both ENDS contributed to the report on 2020 and tell us here why they think it is so important.
